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Globalization and technology developments have led to some significant changes i

ID: 427388 • Letter: G

Question

Globalization and technology developments have led to some significant changes in the global economy. Discuss the importance of such changes to the United States. What is the impact upon supply chain?

Globalization and technology developments have led to some significant changes in the global economy. Discuss the importance of such changes to the United States. What is the impact upon supply chain?


Major Field Test Sodiology : 2 of 70 Unmarked Time 56 m Which of the bollowing trends has most directly contributed to a declne sinoe the 1970s in the percent of workens in the United States who are union members? . A) The declining size of the labor force B) The declining proportion of manufacturing jobs in the economy C) The declining protection offered to unions by the federal courts D) The increasing educational level of semiskilled workers E) The increasing number of govemment jobs

Explanation / Answer

B) The declining proportion of manufacturing jobs in the economy.

Globalisation increases at a very fast rate. Due to this, it became easy to set up a manufacturing facility anywhere in the world. Companies prefer to set up their facilities in countries with low costs. So, number of manufcaturing jobs started declining and this made unions less stronger.

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